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Wow why did it go for so much less than the last valuation? Is the overall market turning bad or is it just a Brex thing?
by yalogin 9mo ago
Wow why did it go for so much less than the last valuation? Is the overall market turning bad or is it just a Brex thing?
- pm90 9mo agoInvestors will only invest in AI plays. They don’t seem to care for fintech.
- jgalt212 9mo agoProbably true, but our fintech still gets tons of unsolicited emails from growth equity shops. I don't respond because as you mentioned this sector is out of favor, and as such the multiples are not worth my time.
- htrp 9mo agothats just top of funnel, the instant you respond the terms start to become very very unfriendly
- toomuchtodo 9mo agoIndeed, cold outreach is to get you excited and then once you're in the weeds, your value is going to get crammed down.
- KellyCriterion 9mo ago...and Blockchain!
- PlatoIsADisease 9mo agoWas this ever a thing? I know individual investors get pretty crazy for blockchain, but I don't recall any major companies doing big investments. At most, I was asked about it briefly, explained what the usecases were, and it never came up again.
- re-thc 9mo ago> Was this ever a thing? At some point yes. Lots of large financial institutions had such projects. IBM e.g. was involved in quite a few of them.
- pm90 9mo agostripe bought a stablecoin and its leadership seems to talk about it a lot https://www.pymnts.com/news/ipo/2026/stripe-co-founder-says-fintech-not-racing-go-public/ https://www.pymnts.com/news/ipo/2026/stripe-co-founder-says-... > Cryptocurrency and stablecoins are also starting to see traction after an extended struggle to gain mainstream adoption, John Collison added, per the report. > William Gaybrick, Stripe’s president of product and business, referred to agentic commerce and stablecoins as “twin revolutions in intelligence and money” at a company event in 2025, the report said.